UBS Group set a €24.00 ($27.91) price target on Infineon Technologies (ETR:IFXA) in a research report sent to investors on Monday, www.boersen-zeitung.de reports. The firm currently has a buy rating on the technology company’s stock.
A number of other equities research analysts also recently commented on the stock. Bank of America set a €29.00 ($33.72) price target on shares of Infineon Technologies and gave the stock a buy rating in a report on Monday, January 7th. DZ Bank reiterated a buy rating on shares of Infineon Technologies in a report on Wednesday, January 2nd. JPMorgan Chase & Co. reiterated a buy rating on shares of Infineon Technologies in a report on Tuesday, December 11th. Credit Suisse Group set a €22.00 ($25.58) price target on shares of Infineon Technologies and gave the stock a buy rating in a report on Wednesday, December 5th. Finally, Societe Generale set a €25.00 ($29.07) price target on shares of Infineon Technologies and gave the stock a buy rating in a report on Monday, November 19th. Two investment analysts have rated the stock with a sell rating, one has assigned a hold rating and seventeen have given a buy rating to the company’s stock. Infineon Technologies presently has an average rating of Buy and an average target price of €24.51 ($28.50).
Infineon Technologies has a 52-week low of €13.43 ($15.62) and a 52-week high of €20.42 ($23.74).
Infineon Technologies AG designs, develops, manufactures, and markets semiconductors and system solutions in Europe, the Middle East, Africa, the Asia-Pacific, Japan, and Americas. It operates in four segments: Automotive, Industrial Power Control, Power Management & Multimarket, and Chip Card & Security.
Read More: Why is the price-sales ratio important?
Receive News & Ratings for Infineon Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Infineon Technologies and related companies with MarketBeat.com's FREE daily email newsletter.